Dominican Republic

Last night at 21:00 a new version of the Draft Paris Outcome was released at COP21 in Paris. It’s down to 27 pages and has only 50 pairs of square brackets. That’s the good news. The rest is practically all bad news.

REDDisms:

By the ’90s it became: How do we create a market in pollution, to create the right incentives? That was applied to climate change with disastrous results. Look at the European carbon market: I don’t think there’s anyone left to defend it, it’s completely collapsed. And yet when California and Washington think of passing their own climate legislation, they’re defaulting to emissions trading because challenging this ideology is so difficult.